alphabetagammizado — and key reversal days…

Posted on Jun 22, 2013 by in Free Letters

 

 

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p91663446137&a=266398464

 

alphbetagammizado is a secret code which points to the album of the same name by the brazilian musician Carlinhos Brown -- a tour de force which will set your blood boiling and make you forget rock and roll --except for the Beatles.  But enough of cultural notes -- today the market displayed what technicians call a key reversal day.  As shown it is a day where there is a lower low and a higher close than the previous day.  This reinforces our analysis yesterday that the downwave had largely exhausted itself.  (No guarantees.)

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